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Points International Ltd. Reports Strong May 2007 Business Metrics

Solid overall points/miles growth both year-over-year and month-to-month
TORONTO, June 11 /CNW/ - Points International Ltd. (TSX: PTS; OTCBB:
PTSEF; "Points" or the "Company"), the owner and operator of Points.com, the
world's leading reward program management portal, announced today its business
metrics for the month of May 2007. The Company reported a 33% year-over-year
increase in overall points/miles transacted for the month of May, bringing
cumulative points/miles transacted to 27.6 billion.
Other May highlights include:
- Points/miles transacted by Private Branded Channels increased 44%
year-over-year, and 21% month-to-month, bringing cumulative
points/miles transacted to 24.5 billion.
- Points/miles transacted by Points.com Channels increased 12% as
compared to April 2007 and declined 18% year-over-year on reduced
marketing activity. Cumulative points/miles transacted reached
3.1 billion, a 75% increase year-over-year indicating an increased
use of points on the Points.com channel over the past 12 month
period.
- Added over 63,000 registered users during May, bringing cumulative
registered users on Points.com to 1.7 million, a 35% year-over-year
increase.
Points International Ltd.
Business Metrics
May-07 May-07
vs. vs.
May-07 Apr-07 Apr-07 May-06 May-06
---------------------------------------------------------
TOTAL ALL CHANNELS
Points/Miles
Transacted 902,845,937 750,954,223 20% 677,036,446 33%
No. of
Points/Miles
Transactions 95,979 80,281 20% 81,093 18%
Cumulative
Points/Miles
Transacted 27,572,177,153 26,669,331,216 3% 18,594,366,098 48%
PRIVATE BRANDED CHANNELS
Points/Miles
Transacted 804,974,369 663,465,297 21% 557,324,664 44%
No. of
Points/Miles
Transactions 90,519 74,981 21% 73,158 24%
Cumulative
Points/Miles
Transacted 24,472,606,618 23,667,632,249 3% 16,819,728,942 45%
POINTS.COM CHANNELS
Points/Miles
Transacted 97,871,568 87,488,926 12% 119,711,782 -18%
No. of
Points/Miles
Transactions 5,460 5,300 3% 7,935 -31%
Cumulative
Points/Miles
Transacted 3,099,570,535 3,001,698,967 3% 1,774,637,156 75%
Cumulative
Registered
Users 1,723,695 1,659,988 4% 1,277,174 35%
"Overall growth in May was strong both year-over-year and month-to-month
and we remain optimistic about our business prospects. Total points/miles
transacted increased 33% year-over-year and 20% month-to-month as we grew the
business through a seasonally slower period," commented Rob MacLean, Chief
Executive Officer of Points International. "Importantly, our Private Branded
Channel products continue to grow driving particularly strong transactional
activity up 44% year-over-year, and our average transaction size has remained
strong at close to 9,000 points/miles."
Mr. MacLean continued, "Points.com Channel transactions increased 12%
month-to-month, and as expected, declined year-over-year due to reduced and
streamlined marketing versus a year ago. We have been very focused on
efficiently targeting our marketing spend using optimization efforts and are
pleased with the results. During May we added over 63,000 new users which we
believe will drive increased transactions across the platform as new
functionality such as Book With Points and GMX is introduced through 2007."
Points International will continue to report business metrics on a
monthly basis. The business metrics can also be found on the Investor
relations section of our website at:
http://www.points.com/static/corporate/investor_overview.html
About Points International Ltd.
Points International Ltd. is the owner and operator of Points.com, the
world's leading reward-program management portal. At Points.com consumers can
Swap, Earn, Buy, Gift, Share and Redeem miles and points from more than 25 of
the world's leading reward programs. Participating programs include American
Airlines AAdvantage(R) program, American Express(R) Membership Rewards(R),
Aeroplan(R), AsiaMiles(TM), Cendant TripRewards(R), Delta SkyMiles(R), Gold
Points Reward Network, InterContinental Hotels Group's Priority Club(R)
Rewards, and S&amp;H greenpoints. Redemption partners include Amazon.com(R) and
Starbucks.
Website: http://www.points.com
Safe Harbor Statement
This press release contains forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995, as amended and
forward-looking information within the meaning of the "safe harbor" provisions
of applicable Canadian provincial securities legislation (collectively
"forward-looking statements"). These forward-looking statements relate to our
objectives, strategic plans and business development goals and may also
include other statements that are predictive in nature or that depend upon or
refer to future events or conditions and can generally be identified by words
such as "will", "may", "expects," "anticipates," "intends," "plans,"
"believes," "estimates" or similar expressions. In addition, any statements
that refer to expectations, projections or other characterizations of future
events or circumstances are forward-looking statements. These statements are
not historical facts but instead represent only the Company's expectations,
estimates and projections regarding future events.
Although the Company believes the expectations reflected in such
forward-looking statements are reasonable, the forward-looking statements are
not guarantees of future performance, involve certain risks and uncertainties
that are difficult to predict. Undue reliance should not be placed on such
statements. Certain material factors, assumptions or estimates are applied in
making forward-looking statements. Known and unknown factors could cause
actual results to differ materially from those expressed or implied in such
statements. Important factors that could cause actual results to differ
materially are referred to in the body of this news release and also include
the risks and uncertainties discussed herein, the matters set forth under
"Risks and Uncertainties" contained in the Company's Annual Information Form
filed with applicable securities regulators and the factors detailed in the
Company's other filings with applicable securities regulators, including the
factors detailed in the Company's annual and interim financial statements and
the notes thereto. Readers of this press release are cautioned that
forward-looking statements are not guarantees of future performance.
The Company does not undertake any obligation to update or release any
revisions to these forward-looking statements to reflect events or
circumstances after the date of this press release or to reflect the
occurrence of unanticipated events, except as required by law.